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Caraquet, NB

Full City Profile · New Brunswick

3.2 /5.0
B Good
4,285 Population 163/sq mi density
$65,500 Median Income $44,480 per capita
$184,000 Home Value
$710 Median Rent 11.1% income on rent
40°F Avg Temperature 257 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$65,500 median income, 12.2% unemployment
A+
Affordability
5.0 / 5.0
$184,000 home value, $710/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.5 / 5.0
18.3% bachelor's degree or higher

Housing Overview

Median Home Value
$184,000
35% below
US avg: $281,900
Median Rent
$710/mo
39% below
US avg: $1,163/mo
Homeownership Rate
74.3%
14% above US avg (65.4%)
Total Housing Units
1,985

Ownership vs. Renting

74.3%
Owner-Occupied
25.7%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
11.1%
of renters spending 30%+ of income on housing
64% below US avg (31.0%)
Homeownership Rate
74.3%

Complete Housing Data

Home Values

Census Median Value$184,000

Rent

Census Median Rent$710

Market

Ownership & Stock

Owner-Occupied74.3%
Renter-Occupied25.7%
Homeownership Rate74.3%
Total Housing Units1,985
Rent Burden11.1%